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SEBI Cracks Down On YouTuber Ravindra Balu Bharti, Orders Him To Pay Rs 9.5 Crore
Capital markets regulator Securities and Exchange Board of India (SEBI) has taken action against YouTuber Ravindra Balu Bharti and his company, Ravindra Bharti Education Institute, for operating an unregistered investment advisory business.
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Ubisoft Is Discontinuing XDefiant, Shutting Down San Francisco and Osaka Studios
Ubisoft is discontinuing development on its free-to-play shooter XDefiant, the studio announced Wednesday. The online title, which released in May after several delays and playtests, has not been able to retain strong player numbers after a promising launch, the publisher said. As a result, Ubisoft is also shutting down its San Francisco and Osaka ...
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Intel CEO Pat Gelsinger's Removal Raises Doubts Over Turnaround Plan
The ousting of Intel CEO Pat Gelsinger has abruptly halted his plans for the company's revival. Investors welcomed the change in leadership, with Intel's stock initially surging up to 6 percent after the announcement, but ultimately settling down by 0.5 percent when markets closed on Monday.
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Crypto Exchange Kraken Shuts Down NFT Marketplace
Kraken is shutting down its NFT marketplace. As per the company clients have been informed of the changes and our team will support them as they move their NFTs to their Kraken Wallet or a self-custodial wallet of choice,
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Cardi B-Endorsed Memecoin Under UAE Investigation as Regulators Clamp Down on Crypto
In a new development, the UAE has opened an investigation into a crypto token named WAP that is endorsed by rapper Cardi B, who has one of her most popular songs also named after the same abbreviation. Regulators are examining whether the token violates securities laws.
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Samsung Electronics Apologises for Disappointing Profit as It Struggles in AI Chips
Samsung warned its third-quarter profit would come in below market expectations and apologised for the disappointing performance. Samsung's share price, already down more than 20 percent so far this year, fell 1.3 percent, underperforming a 0.4 percent fall in the benchmark KOSPI.
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OMCs Making Huge Profit On Petrol, Diesel As Crude Prices Fall: ICRA
As the crude prices have come down, oil marketing companies are making profits of Rs 15/litre and Rs 12/litre on petrol and diesel, respectively.
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Zomato Shuts Down Intercity Food Delivery Service 'Zomato Legends'
With 'Zomato Legends' users could place home delivery orders from restaurants outside their city.
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El Salvador Doubles Down on Bitcoin Strategy, Set to Upskill Over 80,000 Civil Servants
Over 80,000 Salvadoran civil servants are set up to be trained in efficiently using Bitcoin-related technology and upon completion of the training, these officials will be provided with a certification.
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Google Antitrust Ruling Could Put $20 Billion at Risk for Apple: Report
A US judge has recently ruled that Alphabet-owned Google was operating an illegal monopoly in the web search sector. Google pays Apple $20 billion (roughly Rs. 1,67,890 crore) annually, or about 36 percent of what it earns from search advertising made through the Safari browser. If the deal is undone, Apple could take a 4-6 percent hit to its prof...
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Google Has an Illegal Monopoly on Search, US Judge Finds
Google has violated antitrust law, spending billions of dollars to create an illegal monopoly and become the world's default search engine, a US District Judge said in a ruling. Alphabet has said it plans to appeal the ruling.
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Explained: What Led To Global Equities Bloodbath?
A global sell-off has led to a major bloodbath in the equity markets as corporate giants stared down at massive losses. The US markets fell over 2.43% on Friday while the Asian peers added to their losses as they opened after the weekend.
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Massive Worldwide Microsoft Outage: Flights, Markets, Stock Exchange Down
From flights to supermarkets to banking operations, the global Microsoft outage is disrupting multiple sectors and threatens to lead to massive issues if it is not resolved soon.
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Bitcoin Logs Drastic Drop to $54,300 After $679 Million in Crypto Liquidations, Most Altcoins See Dips
The overall crypto market cap tumbled by 8.32 percent in the last 24 hours. As per CoinGlass, a total of 234,518 traders liquidated $679.38 million (roughly Rs. 5,672 crore) in the last 24 hours – pushing crypto prices down the cliff. BTC and ETH, both recorded substantially large losses in the last 24 hours.
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Sensex Down By Over 4,000 Points As Votes Are Counted For Lok Sabha Polls
Indian stock markets crashed by over 4,000 points today, after a sharp rally in the previous session, as early election results showed Prime Minister Narendra Modi's Bharatiya Janata Party-led alliance leading in more than 272 seats.
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SEBI Cracks Down On YouTuber Ravindra Balu Bharti, Orders Him To Pay Rs 9.5 Crore
Capital markets regulator Securities and Exchange Board of India (SEBI) has taken action against YouTuber Ravindra Balu Bharti and his company, Ravindra Bharti Education Institute, for operating an unregistered investment advisory business.
-
Ubisoft Is Discontinuing XDefiant, Shutting Down San Francisco and Osaka Studios
Ubisoft is discontinuing development on its free-to-play shooter XDefiant, the studio announced Wednesday. The online title, which released in May after several delays and playtests, has not been able to retain strong player numbers after a promising launch, the publisher said. As a result, Ubisoft is also shutting down its San Francisco and Osaka ...
-
Intel CEO Pat Gelsinger's Removal Raises Doubts Over Turnaround Plan
The ousting of Intel CEO Pat Gelsinger has abruptly halted his plans for the company's revival. Investors welcomed the change in leadership, with Intel's stock initially surging up to 6 percent after the announcement, but ultimately settling down by 0.5 percent when markets closed on Monday.
-
Crypto Exchange Kraken Shuts Down NFT Marketplace
Kraken is shutting down its NFT marketplace. As per the company clients have been informed of the changes and our team will support them as they move their NFTs to their Kraken Wallet or a self-custodial wallet of choice,
-
Cardi B-Endorsed Memecoin Under UAE Investigation as Regulators Clamp Down on Crypto
In a new development, the UAE has opened an investigation into a crypto token named WAP that is endorsed by rapper Cardi B, who has one of her most popular songs also named after the same abbreviation. Regulators are examining whether the token violates securities laws.
-
Samsung Electronics Apologises for Disappointing Profit as It Struggles in AI Chips
Samsung warned its third-quarter profit would come in below market expectations and apologised for the disappointing performance. Samsung's share price, already down more than 20 percent so far this year, fell 1.3 percent, underperforming a 0.4 percent fall in the benchmark KOSPI.
-
OMCs Making Huge Profit On Petrol, Diesel As Crude Prices Fall: ICRA
As the crude prices have come down, oil marketing companies are making profits of Rs 15/litre and Rs 12/litre on petrol and diesel, respectively.
-
Zomato Shuts Down Intercity Food Delivery Service 'Zomato Legends'
With 'Zomato Legends' users could place home delivery orders from restaurants outside their city.
-
El Salvador Doubles Down on Bitcoin Strategy, Set to Upskill Over 80,000 Civil Servants
Over 80,000 Salvadoran civil servants are set up to be trained in efficiently using Bitcoin-related technology and upon completion of the training, these officials will be provided with a certification.
-
Google Antitrust Ruling Could Put $20 Billion at Risk for Apple: Report
A US judge has recently ruled that Alphabet-owned Google was operating an illegal monopoly in the web search sector. Google pays Apple $20 billion (roughly Rs. 1,67,890 crore) annually, or about 36 percent of what it earns from search advertising made through the Safari browser. If the deal is undone, Apple could take a 4-6 percent hit to its prof...
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Google Has an Illegal Monopoly on Search, US Judge Finds
Google has violated antitrust law, spending billions of dollars to create an illegal monopoly and become the world's default search engine, a US District Judge said in a ruling. Alphabet has said it plans to appeal the ruling.
-
Explained: What Led To Global Equities Bloodbath?
A global sell-off has led to a major bloodbath in the equity markets as corporate giants stared down at massive losses. The US markets fell over 2.43% on Friday while the Asian peers added to their losses as they opened after the weekend.
-
Massive Worldwide Microsoft Outage: Flights, Markets, Stock Exchange Down
From flights to supermarkets to banking operations, the global Microsoft outage is disrupting multiple sectors and threatens to lead to massive issues if it is not resolved soon.
-
Bitcoin Logs Drastic Drop to $54,300 After $679 Million in Crypto Liquidations, Most Altcoins See Dips
The overall crypto market cap tumbled by 8.32 percent in the last 24 hours. As per CoinGlass, a total of 234,518 traders liquidated $679.38 million (roughly Rs. 5,672 crore) in the last 24 hours – pushing crypto prices down the cliff. BTC and ETH, both recorded substantially large losses in the last 24 hours.
-
Sensex Down By Over 4,000 Points As Votes Are Counted For Lok Sabha Polls
Indian stock markets crashed by over 4,000 points today, after a sharp rally in the previous session, as early election results showed Prime Minister Narendra Modi's Bharatiya Janata Party-led alliance leading in more than 272 seats.
